Some homeowners say the valuation method is too stingy, preventing them from refinancing or borrowing against their houses.
30/12/2010 12:59 AM
Winifred Jiau was charged in an insider-trading probe with obtaining and providing inside information about Nvidia and Marvell Technology. She is the seventh charged with ties to an "expert-network" firm.
30/12/2010 01:45 AM
The Navy awarded multibillion-dollar contracts to Lockheed Martin and the U.S. unit of Australia's Austal, finalizing a revamped plan to buy two designs for a new class of warship known as the Littoral Combat Ship.
29/12/2010 11:33 PM
Japan may be moving in the direction of eventually creating a sovereign-wealth fund, a kind of government-funded vehicle that takes direct investment stakes.
30/12/2010 12:27 AM
Scorching summer heat in South America is cutting harvest forecasts and helping propel crop prices to fresh two-year highs. Still, prices of corn, soybean and wheat crops remain well below their 2008 peaks.
30/12/2010 01:02 AM
State and local tax revenues continue to recover as the economy improves, but remain below pre-recession peaks and are likely to face continued pressure in 2011.
29/12/2010 10:29 PM
Canada is poised to cut its corporate-tax rate to 16.5% on Jan. 1, part of a decade-long campaign that some experts say is making the country one of the most cost-effective places to do business in the developed world.
30/12/2010 01:27 AM
Asian stock markets were mixed as exporters pushed the Nikkei down 1% on a stronger yen and miners lifted Sydney.
30/12/2010 01:24 AM
The Dow industrials rose 9.84 points to 11585.38, adding to the measure's gain of more than 5% this month. With two trading days to go, the Dow is up more than 11% for 2010.
29/12/2010 10:09 PM
Gold bulls say the price of the precious metal is set to reach fresh highs early in the new year, on mounting inflation fears fueled by loose U.S. and euro-zone monetary policies
29/12/2010 11:52 PM
More banks failed in 2010 than any year since the savings-and-loan crisis ended in 1992, but regulators said Wednesday that they believe failures have passed their peak.
29/12/2010 10:02 PM
East Coast snowstorms shaved about 10% off of retail sales on Sunday and Monday, but the $1 billion in lost sales will likely be made up soon, according to ShopperTrak.
29/12/2010 09:28 PM
